Agent's resignation - Notice

Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated: 1. To the guardian, if one has been appointed for the principal, and a coagent or successor agent; or 2. If there is no person described in paragraph 1 of this section, to: a. the principal's caregiver, b. another person reasonably believed by the agent to have sufficient interest in the principal's welfare, or c. a governmental agency having authority to protect the welfare of the principal. Added by Laws 2021, c. 332, § 18, eff. Nov. 1, 2021.